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Wonder Auto Chairman and CEO Mr. Qingjie Zhao Elected Execut

作者:AG集&# 时间:2019-01-26

BEIJING, March 19 /PRNewswire-Asia/ -- On March 7, 2010, the founding of the 新浪财经China Overseas Listed Corporations Association (COLCA) was announced in a conference held at Beijing Haoyuan Jianguo Hotel, which was jointly sponsored by more than 40 Chinese corporations listed overseas (as well as some Chinese corporations interested in becoming listed overseas).

Mr. Qingjie Zhao, Chairman and CEO of Wonder Auto (Nasdaq: WATG), was elected executive deputy chairman in the organization's first council session.

During the conference, unanimous approval was given to the Articles of Association of COLCA, and the first COLCA council composed of 20 member corporations was elected. Mr. Xianzhang Wang was elected chairman of COLCA during the first council session. Mr. Wang is the dean of the Insurance Academy of China Central University of Finance and Economics, and the former chairman of the China Insurance Association. Mr. Siping Fang, Chairman of China Valve Technology, Inc., and Mr. Xiaoping Zhang, Chairman and CEO of SORL Auto Parts, Inc., were elected executive deputy chairmen as well.

"Joining COLCA means Wonder Auto has become a member of this great organization of enterprises with common interests. We can share with other members the resources in terms of funds, market, industry and capital, reduce business operating costs, find more opportunities for business development in China and overseas, and generate sustainable high-yield returns for our investors."

COLCA is a non-profit organization. ItAAAAisting members are listed Chinese corporations and corporations intending to list on the NASDAQ, AMEX, NYSE, HKE, AIM, and in other exchanges overseas. COLCA is committed to complying with laws and regulations of the People's Republic of China and the laws and regulations of the listing countries and regions, promoting business co-operations between members and exchanges/communications with relevant institutions and organizations, reducing financing costs and expenses for listed companies and companies intending to list, enhancing the confidence of investors, providing special service programs to members, voicing member's suggestions to government authorities, protecting member's reasonable and legal interests in overseas stock markets, increasing the popularity and influence of the discourse of Chinese corporations listed overseas, assisting the continuous development of Chinese corporations in overseas stock markets, and contributing to the overseas investment activities of Chinese corporations.

Please visit COLCA's website ( http://www.colca.org.cn ) for more information.

List of the first council/deputy chairman body of COLCA (in alphabetical order):

3SBio Inc. NASDAQ

China Digital TV Holding Co., Ltd. NYSE

China Education Group pending

China Fire & Security Group, Inc. NASDAQ

China Information Security Tech NASDAQ

China Interactive Education, Inc. OTC

China Ritar Power Corp Inc) NASDAQ

China Valves Technology, Inc. NASDAQ

China Wonder Limited AIM

Daqing Longheda Food Company Limited AMEX

Global Education & Technology Group pending

Hollysys Automation Technologies, Ltd. NASDAQ

Jiangsu Fengye Electric Power

Environmental Protection Group pending

Jinheng Automotive Safety System Co., Ltd. HKE

Jinzhou Yangguang Energy Co., Ltd. HKE

Pansoft Company Limited NASDAQ

Sino Dragon New Energy Holdings Limited HKE

SORL Auto Parts, Inc. NASDAQ

Wonder Auto Technology, Inc. NASDAQ

Yuhe International Inc. NASDAQ

About Wonder Auto

Based in Jinzhou City, Liaoning, China, Wonder Auto Technology, Inc., through its Chinese subsidiaries, designs, develops, manufactures and sells automotive electrical parts, suspension products and engine components. Wonder Auto ranked second and third in sales revenue in the Chinese market for automobile alternators and starters in 2008, respectively. Wonder Auto's products are used in a wide range of passenger and commercial automobiles with special focus on the fast-growing small- to medium-engine passenger vehicle market. For more information, please log on http://www.watg.cn .

Safe Harbor Statement

This press release may include certain statements that are not descriptions of historical facts, but are forward-looking statements. Such statements include, among others, those concerning our expected 2009 financial results, our expected financial performance in 2010 and future strategic and operational plans, our future operating results, our expectations regarding the market for our products, our expectations regarding the continued growth of the automobile market, as well as all assumptionAAAAApectations, predictions, intentions or beliefs about our relative strength and about future events. Forward-looking statements can be identified by the use of forward-looking terminology such as "will," "believe," "expect," "may," "should," "potential," "continue," "anticipate," "future," "intend," "plan," "believe," "is/are likely to," "estimate" or similar expressions. Such information is based upon assumptions and expectations of our management that were reasonable when made but may prove to be incorrect. All of such assumptions and expectations are inherently subject to uncertainties and contingencies beyond our control and based upon premises with respect to future business decisions, which are subject to change. We do not undertake to update the forward-looking statements contained in this press release, except as required under applicable law. For a description of the risks and uncertainties that may cause actual results to differ from the forward-looking statements contained in this press release, see our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC"), and our subsequent SEC filings. Copies of filings made with the SEC are available through the SEC's electronic data gathering analysis retrieval system at http://www.sec.gov . All information provided in this press release and in the attachments is as of the date of this press release.

For more information, please contact:

Patrick Sun

Investor Relations Manager

Tel: +86-10-8478-5339

Cell: +86-153-1161-1742

Email: ir@watg.cn

本文源自: 环亚娱乐

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